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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H

*12

(For Immediate Release)

September 21, 1955

CHANGES IM COMMERCIAL AMD INDUSTRIAL LOANS BY INDUSTRY
^
All industrial classifications participated in the increase of $320 million in commercial, industrial, and agricultural loans at weekly reporting member
banks during the week ended September l4.
principal increases were $80 million in loans to manufacturers of
vextiles, apparel, and leather products, $34 million to commodity dealers, $33 milliou to manufacturers of food, liquor, and tobacco products, $29 million to the
wholesale and retail trade, and $28 million to sales finance companies.
The increase in loans to manufacturers of textiles, apparel, and leather
products was the largest weekly increase in this business category since the series
was inaugurated in 1 9 5 1 .
Changes in loans during the week and since the mid-year are shown below:
tnird column shows the changes during the comparable period last year:

Business of Borrower

Food, liquor, and tobacco
Textiles, apparel, and leather
Metals and metal products
Petroleum, coal, chemicals, & rubber
Other manufacturing and mining

Cumulative since mid-year
Week
June 29, 1955
June 3 0 , 1§W~
ended
,
to
to
Sept, 142/ Sept. 14, 19552/ Sept. 1 5 , 1954
(In millions of dollars)

+ 33

+ 80

+ 57

+ 75

+190
- 18

+ 98

9

+ 66

-

+ 29

+104

+

3

+ 16

+

+ 44

-332
- 27
8

Trade -- wholesale and retail
Commodity dealers
Sales finance companies
.Public utilities and transportation
Construction
Other types of business

+ 28

+ 19
+ 12
+ 25

+ 95
+ 70
+ 51
+214

+
+

Classified changes - net
Unclassified changes - net

+289
+ 31

+998
- 99

- 82
-779

Net change in commercial, industrial, and agricultural loans

+320

+899

-861

+ 34

p/ Preliminary; see footnote on attached table.




+126

+ 25
+163

64
91
39
37

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS

H.12(a)

BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY, SEPTEMBER 14, 1955
Business of Borrower

Manufacturing and mining:
Food, liquor, and tobacco
Textiles, apparel, and leather
Metals and metal products (including
machinery & transportation equipment)
Petroleum, coal, chemicals, and rubber
Other manufacturing and mining
Trade;
Wholesale
Retail

New
All DisBoston!
tricts P/
I York

St.
Phila- Cleve- RichAtlanta Chicago
Louis
mond
delphia land
(In millions of dollars)

+12.8 +

4.8
1.5

.5

+ 7.9
+ 2.0
+ 1.7

+

.1
.2
.2

+ 2.1
+ 1.5
+ .3

+ 1.2
+ .1

.3 + 1.4

+ 3.2
.5

+ .6
+ 1.0

.2
+ 2.5

+ .1
+ 1.0

.2

+ 5.9

+ 2.4

-

-

.2

-

+ 2.3 - 2.9
+ • 5 + 7-4
.1 + 3-0

2.8

.4

+11.3
+ 2.6

+ .2
+ 1.4

.3
+ 2.0

+
+

.1

+

+

.6

+ 1.6

+ 8.5

|+29.oj

+

2.3

1.1 +
.7 +
+ •5

-

1.0

+24.4

+

.7

-

.7

Sales finance companies

+27.9

-

4.9

+21.8

+

2.8

-

2.3

Public utilities (including transportation)

+19.3

+

.4

+11.7

+ 1.1

Construction

+11.7

+

.2

+

All other types of business

+25.3

+15.7

.5

+288.6

+ 7.2 +183.0

+ 1.1

Net change in commercial, industrial,
and agricultural loans

.3
.3
.1

+ 3.4
+16.4

+34.4

Unclassified changes - net

+ 4.7 + 1.2
.1
•3

+31.4

+320.0

.9

- -

+14.0

-

+ 8.0 +197.0

-

+

.8

+ 4.1
+

-

.3
.2 +
.2

.2

-

+

- 4.5
f

+

.8

+

5.5

+

.3

.2

+

.1

+ 1.2

+

.8

+ 1.8

+ 3.4

+

.4

.9

+

-

1,8

+ 1.8

-

2.0

+ 1,0

+ 7.0

+ 5.1

1.8 +

.4

+1.0

+

.3

+

•5

+ 1.3

+

.6

+ 1.2

.3

+ 1.3

7.4

+15.2

+ 4.6

+ 6.8

+12.0

+22.0

+30.5

+17.7

+10.8

+

.1

+

.4

+ 4.5

+ 1.3

+ 2.2

-

.1

+ 8.0

+35.0

+19.0

+13.0

+

•8
.4

.3

-- *7
f

— —'

+

) +1.2
.9) - .4
i-

+ 4.9

•9

.8 + 8.8 + 7.6

3.1

.6

.2
+ 3.8
+ .3

+ 7.7
- 1.1

.5 + 1.5

—

+

.1

1.2

.1

-

.5

+ 3.5

.5
+ 1.4

.5

+ 1.1
1.1

+ 4.4
+ 1.9

+ 4.2
+ 5.2

Commodity dealers

Net change in classified loans l/

+ 2.2
+ 1.1

+33.0
+79-7

+74.3

Minne- Kansas
San FranDallas
cipco $>/
apolis City

— —

- -

-

p/ Preliminary; final totals will appear in the F. R. Bulletin and San Francisco District final figures appear in a release of the Reserve Bank.
l/ About 210 weekly reporting member banks are reporting changes in their larger loans as to industry; these banks hold over 90 per cent of uo ual
*
commercial and industrial loans of all weekly reporting member banks and nearly "JO per cent of those of all commercial banks.




Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102